In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

How to Activate Your Card

Last updated: July 13, 2026

Virtual cards do not require a separate activation step — they are ready to use as soon as they are issued in the app and added to your Apple Pay or Google Pay. Physical cards must be activated once you receive them.

Steps to activate a physical card

  1. Open the Krak app and tap the card icon in the top-right corner.

  2. Under card settings, tap Activate card.

  3. Enter the 3-digit code on the back of your physical card. You have 4 attempts before your card locks. If it locks, contact Support.

  4. Choose a PIN and enter it twice to confirm. Use a PIN that is different from your device PIN and any PINs used on other cards.

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